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Author Topic: Why the price of bitcoin rapidly going down  (Read 5941 times)
Dod Ong
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August 18, 2018, 02:01:26 PM
 #941

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley



I think it is because of the demand of bitcoin continuously decreasing. Also I think the bitcoin investors are also decreasing so the bitcoin price are still continuously going down. If the bitcoin has a new investors here on bitcoin I think it may affect the bitcoin price increase.
Rumayanhi
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August 18, 2018, 02:12:05 PM
 #942

Yes, this is only temporary because there are certainly lots of good news and improvements will come so for me don't panic.
I believe that, soon the sun will shine again. The market will turn green again or later we will experience again the biggest day of our lives to be calm and know that bitcoin has a future.
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August 18, 2018, 02:18:55 PM
 #943

maybe because it haven't prove its value yet, especially when it comes to transactions that deals with bitcoin, if this continues, the bitcoin might shutdown.
florianuhlemann
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August 19, 2018, 09:31:26 AM
 #944

not everything depends on the speed of bitcoin, the market was overbought, so it remains to wait for the market to offer something more interesting than just the speed of transactions
ainaya1994
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August 19, 2018, 09:55:23 AM
 #945

I also don't know what the cause of bitcoin dropped dramatically, but what I think is why bitcoin has dropped dramatically in a long time and made everyone feel sad with all this ...
Yocerr
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August 19, 2018, 09:56:07 AM
 #946

Many people have invested there and are hoping. The btc is too popular to crack down
Bella Thorne
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August 19, 2018, 09:58:07 AM
 #947

not everything depends on the speed of bitcoin, the market was overbought, so it remains to wait for the market to offer something more interesting than just the speed of transactions
For me the price of bitcoin is rapidly going down because many rich investor is choosing to invest there money on ico and i also think that many people here in crypto is not buying many bitcoin even the market is red so it is taking too long before the value of bitcoin to recover.

radjie
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August 20, 2018, 05:29:37 AM
 #948

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley



I think it is because of the demand of bitcoin continuously decreasing. Also I think the bitcoin investors are also decreasing so the bitcoin price are still continuously going down. If the bitcoin has a new investors here on bitcoin I think it may affect the bitcoin price increase.
it makes sense that the decline in bitcoin demand can affect market price movements and the interest of new investors begins to decrease because in this year the price of bitcoin has often decreased. but there are most people who take advantage of the current decline in bitcoin prices so that most of them are able to convince new investors who believe that bitcoin price movements will increase in the future
chejibadan
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August 20, 2018, 09:19:57 AM
 #949

This is very, not worth asking. Then I want to ask you why Bitcoin will rise rapidly last year? Market changes are very normal.
panfils
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August 20, 2018, 09:21:51 AM
 #950

There is a lot of market manipulations nowadays. This is the mainly reason of the BTC price crushing down.
Big whales want to buy BTC at lower price, so they just manipulate the market to bring them under 6k$.
When these whales will be enough huge, we should expect a biiiig price increasement
Jake Virus
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August 20, 2018, 10:44:35 AM
 #951

There is a lot of market manipulations nowadays. This is the mainly reason of the BTC price crushing down.
Big whales want to buy BTC at lower price, so they just manipulate the market to bring them under 6k$.
When these whales will be enough huge, we should expect a biiiig price increasement

One of the reasons why bitcoin is rapidly going down is due to panic selling. When there is a dump , a lot of crypto users tend to panic and wanted to sell thier coin as their way of coping with the situation. This situation then contributes to price decline in the market.

KridNewoj
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August 20, 2018, 11:06:17 AM
 #952

The price of bitcoin is rapidly going down ,this is because the bear market season is still continuing to spread in the market, there is still no remedy on how to get the maket up.
icecream sandwich
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August 20, 2018, 12:32:52 PM
 #953

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

I think whats happen to bitcoins is what happening to the economy. The price are inflating because of the demands of the people when the demads are falling it means and expect that the price will also fall because the price are directly proportional to the price so i think the main contributor of the inflation is those people who panic sells their coins they are the people who sells even if the price are down
marginal
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August 20, 2018, 07:58:08 PM
 #954

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Many guys are telling that this is bounded with postponing or the decision about EFT (the hell it is?) so the cryptocurrency community is just discouraged about that thing happened, and this is the reason why bitcoin is declining.
missmaria
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August 20, 2018, 08:37:20 PM
 #955

Probably Bitcoins price is affected by postpone of SEC decision about investments... it took 2.000$ instantly from BTCs price.

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Cobrak777
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August 20, 2018, 08:40:59 PM
 #956

This is the trend of trading platform, When you go to buy and sell then you may have this type of situation. It's called market manipulation. Sometimes the price goes up and sometimes the price goes down. It's a normal process for every stock platform.
Acsirp
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August 20, 2018, 09:09:08 PM
 #957

The price of bitcoin is rapidly going down because the bear market is not yet over, and then added by the panic seller and it making the price value of the coin market more worst, and have a long time to recover, but we will not worry as long as,we had gold our coin for at least this days ,then we can still wait and be patient for the time to come for bitcoin and other cryptos to recover.
GreatBug
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August 21, 2018, 11:26:23 PM
 #958

Yes, to many people are selling their bitcoins. If we wait, as you say, maybe with that price will be higher than now and back to it's best times.
lastnumber
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August 23, 2018, 09:12:13 AM
 #959

The belief in Bitcoin's value has been exhausted. Bitcoin is severely depressed and has not shown signs of positive growth. Bitcoins were not shipped to increase the amount of bitcoin in mines. Many speculators sold a large amount of Bitcoin. It is difficult to continue investing in Bitcoin in the current context.
lastnumber
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August 23, 2018, 09:16:32 AM
 #960

This is the trend of trading platform, When you go to buy and sell then you may have this type of situation. It's called market manipulation. Sometimes the price goes up and sometimes the price goes down. It's a normal process for every stock platform.
It's not just a drop in value at a recurring trend. Bitcoin has seen a significant decline in value, but the increase is slow. It feels like speculators have had a spectacular surf at the end of 2017. The speculators have no chance to fix. The bubble has broken, and the consequences still exist today.
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